BRC Group Holdings Inc RILY

FinancialsInvestment Banking & Investment ServicesUnited States of America

Last close 3.85 USD on Nov 2, 2026, −17.6% year to date

Quant rating

Quant rating D Rank 738 of 799 in Financials

Growth D 609 of 799
Valuation C 413 of 799
Quality C 389 of 799
Revisions D 617 of 799
Momentum D 786 of 799

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 155M
Enterprise value: 1.5B
52-week range: 3.64 – 11.24
3-year range: 2.80 – 41.56
Dividend yield: –
Beta (5 years): 1.20
Shares outstanding: 40.2M
Next earnings: –

About the company

BRC Group Holdings, Inc. is a diversified holding company offering a platform of businesses, including financial services, telecom, retail, and investments. Its segments include Capital Markets, Wealth Management, Lingo, magicJack, Marconi Wireless, United Online, Inc. (UOL), and Consumer Products. Capital Markets offers a range of investment banking, equity research, institutional sales and trading, securities lending, proprietary trading, and investing services. Wealth Management provides wealth management and tax services to corporate and high-net-worth clients. Lingo is a cloud-based communications service provider. magicJack is a non-interconnected Voice-over-IP cloud-based communications service provider. Marconi Wireless is a mobile virtual network operator that provides mobile phone voice, text, and data services. UOL is an Internet access provider that offers dial-up and digital subscriber line services. Consumer Products includes sales of laptop and computer accessories.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,030	483	1,304	692	1,721	–
Revenue growth	113.4%	−63.0%	88.4%	−59.8%	95.2%	3.2%
EPS (basic, normalized)	–	–	−7.80	18.40	–	–
EPS growth	–	–	–	–	–	–
Gross margin	72.4%	21.0%	70.3%	74.1%	95.3%	66.6%
Net margin	22.2%	−190.5%	−12.5%	−40.5%	25.4%	−39.2%
ROE	–	–	–	–	–	–

Balance sheet, last quarter
Cash & short-term investments (mil)	154
Current ratio	–
Long-term debt (mil)	1,277
Net debt (mil)	1,381
Total equity (mil)	142
Net debt / equity	9.71x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	1,030	+113.4%	1.5x	–	–	–	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	–	–	–	–	–	–	–	–
2027	–	–	–	–	–	–	–	–
2028	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Jun 2011	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	9.8	–	–	–	–	–	–	–	–	–
Sales mean (mil)	13.8	–	–	–	–	–	–	–	–	–
Surprise	−29.0%	–	–	–	–	–	–	–	–	–
EPS reported	−1.60	–	–	–	–	–	–	–	–	–
EPS mean	0.20	–	–	–	–	–	–	–	–	–
Surprise	−900.0%	–	–	–	–	–	–	–	–	–

Peer comparison Investment Banking & Investment Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
RILY BRC Group Holdings Inc	155M	–	22.2%	1.09x	–	–	–	–
FRHC Freedom Holding Corp	11.9B	–	7.5%	7.49x	–	–	–	–
HLI Houlihan Lokey, Inc.	10.2B	−1.06x	16.3%	4.41x	20.3x	16.8x	14.3x	10.3x
PJT PJT Partners Inc.	6.1B	1.18x	10.5%	12.59x	20.5x	17.2x	15.4x	13.3x
BGC Bgc Group Inc	5.3B	1.53x	5.1%	4.88x	8.0x	7.1x	6.9x	6.5x
PIPR Piper Sandler Companies	4.8B	−0.04x	14.8%	3.32x	15.9x	13.6x	10.0x	8.7x
Mean		0.40x	12.7%	5.63x	16.2x	13.7x	11.7x	9.7x
Median		0.57x	12.6%	4.64x	18.1x	15.2x	12.2x	9.5x

Technical analysis

1M−20.8%
3M−46.2%
1Y−23.0%
3Y−89.4%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, BRC Group Holdings Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	1,030	483	1,304	692	1,721	882
Cost of revenue	285	382	387	179	81.3	72.9
Gross profit	746	101	917	513	1,639	809
Selling, general & administrative expenses	600	690	761	657	906	428
Research & development	–	–	–	–	–	–
Interest expense (income), operating	5.5	63.3	148	64.6	52.8	43.4
Unusual expense (income)	−130	128	79.8	9.0	−3.8	14.1
Other operating expenses	0	0	0	0	0	0
Operating income	270	−780	−71.4	−218	684	324
Net interest income (expense)	−40.9	−121	−144	−117	−69.7	−44.1
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	15.9	0	0	0
Net income before taxes	230	−900	−199	−334	615	279
Provision for taxes	−9.9	22.0	−39.1	−65.3	164	75.4
Minority interest	−2.9	10.7	5.7	−3.2	−5.7	1.1
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	237	−912	−154	−272	445	205
Extraordinary items	70.8	147	54.5	112	–	–
Net income	307	−764	−99.9	−160	445	205
EBIT, normalized	145	−589	156	−144	733	381
EBITDA, normalized	180	−544	205	−106	759	400
Basic EPS, normalized	–	–	−7.80	18.40	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, BRC Group Holdings Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	227	155	223	269	279	104
Receivables	138	158	192	199	81.4	48.9
Total inventory	48.0	63.0	93.7	–	–	–
Prepaid expenses	36.5	38.4	46.6	461	464	87.3
Other current assets	–	–	–	–	–	–
Total current assets	–	–	–	–	–	–
Property, plant & equipment	49.7	72.7	112	116	69.8	60.5
Goodwill	393	423	467	513	251	227
Intangibles	118	147	198	374	208	191
Long-term investments	652	411	3,682	3,473	3,623	1,543
Note receivable	29.0	100	545	702	873	396
Other long-term assets	465	629	1,076	935	828	245
Total assets	1,707	1,783	6,081	6,111	5,852	2,663
Liabilities
Accounts payable	41.5	52.6	44.0	81.4	6.3	2.7
Payable/accrued	–	–	–	–	–	–
Accrued expenses	144	171	222	373	345	229
Short-term debt	107	33.6	2,868	2,340	2,117	770
Current portion of long-term debt	–	–	–	–	–	104
Other current liabilities	–	–	–	–	–	–
Total current liabilities	–	–	–	–	–	–
Long-term debt	1,428	1,780	2,356	2,447	2,033	896
Minority interest	51.3	32.2	68.4	238	389	31.1
Other liabilities	399	459	3,365	2,980	2,768	1,223
Total liabilities	1,878	2,271	5,789	5,665	5,191	2,150
Shareholders' equity
Preferred stock	0	0	0	0	0	0
Common stock	0	0	0	0	0	0
Additional paid-in capital	598	589	572	494	413	310
Retained earnings (accumulated deficit)	−763	−1,071	−281	−45.2	249	203
Treasury stock	–	–	–	–	–	–
Other equity	−6.3	−6.6	0.2	−2.5	−1.1	−0.8
Total equity	−172	−488	291	447	661	513
Total liabilities & shareholders' equity	1,707	1,783	6,081	6,111	5,852	2,663

Cash flow statement in millions of USD, fiscal years

Cash flow statement, BRC Group Holdings Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	310	−775	−106	−157	451	204
Depreciation, depletion & amortization	35.2	45.4	49.6	40.0	25.9	19.4
Deferred taxes	11.5	25.9	−40.9	−80.4	61.8	61.6
Non-cash items	−207	252	88.8	88.1	3.8	42.4
Changes in working capital	−209	715	32.7	116	−491	−270
Cash from operations	−59.7	264	24.5	6.7	50.9	57.7
Investing activities
Capital expenditures	−11.3	−8.0	−7.7	−3.9	−0.7	−2.0
Other investing cash flows	323	448	309	−28.4	−956	23.8
Cash from investing	311	441	301	−32.3	−957	21.8
Financing activities
Financing cash flow items	−19.0	−26.4	−214	−176	295	−184
Cash dividends paid	–	−41.8	−149	−127	−355	−43.5
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−260	−604	−3.0	321	1,140	146
Cash from financing	−279	−672	−366	17.6	1,081	−80.7
Foreign exchange effects	0.2	−9.3	3.2	−0.9	−0.4	1.3
Net change in cash	−27.4	22.8	−37.1	−8.9	175	0.1
Free cash flow	−71.0	256	16.8	2.7	50.2	55.6

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.